Wedbush Equities Analysts Raise Earnings Estimates for HOV

Hovnanian Enterprises, Inc. (NYSE:HOV) – Equities research analysts at Wedbush increased their Q3 2025 earnings per share estimates for shares of Hovnanian Enterprises in a research report issued to clients and investors on Tuesday, May 20th. Wedbush analyst J. Mccanless now forecasts that the construction company will earn $3.51 per share for the quarter, up from their prior estimate of $3.05. Wedbush has a “Neutral” rating and a $120.00 price objective on the stock. Wedbush also issued estimates for Hovnanian Enterprises’ Q4 2025 earnings at $2.57 EPS and FY2026 earnings at $8.09 EPS.

A number of other research firms also recently issued reports on HOV. Zelman & Associates reiterated an “underperform” rating on shares of Hovnanian Enterprises in a report on Wednesday, February 12th. Wall Street Zen lowered shares of Hovnanian Enterprises from a “hold” rating to a “sell” rating in a research note on Wednesday.

Hovnanian Enterprises Trading Up 3.0%

NYSE:HOV opened at $90.52 on Friday. The company has a market cap of $536.34 million, a P/E ratio of 2.82 and a beta of 2.28. Hovnanian Enterprises has a twelve month low of $81.15 and a twelve month high of $240.34. The business has a 50 day moving average price of $99.95 and a two-hundred day moving average price of $127.01. The company has a quick ratio of 0.34, a current ratio of 1.52 and a debt-to-equity ratio of 0.14.

Hovnanian Enterprises (NYSE:HOV) last posted its quarterly earnings data on Tuesday, May 20th. The construction company reported $2.43 earnings per share for the quarter, missing the consensus estimate of $2.45 by ($0.02). The firm had revenue of $686.47 million for the quarter, compared to analyst estimates of $733.20 million. Hovnanian Enterprises had a return on equity of 43.47% and a net margin of 8.05%. The firm’s quarterly revenue was down 3.1% compared to the same quarter last year.

Institutional Trading of Hovnanian Enterprises

A number of hedge funds and other institutional investors have recently modified their holdings of HOV. Forager Capital Management LLC boosted its position in Hovnanian Enterprises by 61.6% during the fourth quarter. Forager Capital Management LLC now owns 189,068 shares of the construction company’s stock valued at $25,301,000 after purchasing an additional 72,068 shares during the last quarter. Cubist Systematic Strategies LLC raised its stake in shares of Hovnanian Enterprises by 3,566.3% during the 4th quarter. Cubist Systematic Strategies LLC now owns 21,741 shares of the construction company’s stock worth $2,909,000 after purchasing an additional 21,148 shares in the last quarter. First Trust Advisors LP bought a new stake in shares of Hovnanian Enterprises during the 4th quarter worth approximately $2,772,000. GAMMA Investing LLC boosted its holdings in shares of Hovnanian Enterprises by 12,432.3% in the 1st quarter. GAMMA Investing LLC now owns 15,916 shares of the construction company’s stock valued at $16,670,000 after buying an additional 15,789 shares during the last quarter. Finally, Nuveen LLC bought a new position in shares of Hovnanian Enterprises in the first quarter valued at $1,605,000. Institutional investors and hedge funds own 65.40% of the company’s stock.

Hovnanian Enterprises Company Profile

Hovnanian Enterprises, Inc, through its subsidiaries, designs, constructs, markets, and sells residential homes in the United States. It offers single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes with amenities, such as clubhouses, swimming pools, tennis courts, tot lots, and open areas.